The use of educational cost-benefit analysis is now widely accepted and has definite advantages although there is also considerable unease over its use. CBA has been applied to people as human capital, to assess the rates of return to investment in education. Information in this book is useful for understanding individuals decisions on whether to attend university and overall trends in participation in university education;It provides policy-makers with a measure of the value of providing extra funds to higher education relative to expenditure in other sectors.The benefits of a degree...